3030 DVD AS (DVD) Q3 2026 earnings summary

Executive summary

• Drillship sale completed on 10 September for gross proceeds of $297m; reported YTD operating profit included a $215.8m gain on sale.

• Following debt repayment, substantially all available funds were distributed to shareholders in October as an extraordinary dividend of NOK 20.60 per share; cumulative dividends since incorporation reached NOK 30.30 per share.

• The business retains spare-parts inventory and a cash reserve for subsidiary liquidation and tax costs; strategic alternatives and potential investments remain under evaluation.

Financial highlights

• Q3 2026 operating profit was $212.0m versus $8.7m in Q3 2025; YTD operating profit was $226.7m versus $28.7m in YTD 2025.

• Q3 2026 net profit was $207.0m versus $5.8m in Q3 2025; YTD net profit was $216.4m versus $20.3m in YTD 2025.

• Reported Q3 total income was $27.4m and YTD total income was $215.8m; YTD results included the $215.8m gain on sale of the drillship.

Outlook and guidance

• The Board will continue evaluating value-enhancing initiatives and potential investments to establish an alternative business model; a plan will be presented if a strategy or deal is agreed.

• Spare parts will be actively marketed for sale; retained cash is intended to cover subsidiary liquidation costs and tax liabilities in Malta and Norway.